Official report, prices

Press, 1 February 1986, Page 5

Official report, prices

Fleece prices were generally firm or slightly reduced compared with recent sales when 28,652 bales of Christchurch and Timaru wools sold in Christchurch yesterday, according to the official report. The report is compiled by the Christchurch Woolbrokers’ Association in conjunction with the Wool Board and the Council of Wool Exporters. Compared with the Dunedin sale on January 23, Merino fleece was nominally in buyers’ favour, as were fine Halfbred, 27 micron, B style medium Halfbred, 28-29 micron, and strong Halfbred, 30-31 micron. B/C style medium was up 2.5 per cent. Compared with the Wellington sale on January 30, fine and medium crossbred, 33 to 35 micron, were firm, strong crossbred, 37 micron, was generally unchanged, and the second-shear was in sellers’ favour. The crossbred lambs’ wool was up to 2 per cent down, skirtings were up 2.5 per cent, better style oddments were up 2.5 per cent, and poorer style firm. The Wool Board gave limited support to the market by bidding on 13 per cent, or 3692 bales, and having 795 bales, 2.8 per cent, sold or passed to it. The adjusted weighted average sale price was 347.73 c greasy and 467.63 c clean, and the market indicator was 344 c greasy and 462 clean. The competition was widespread, with keen interest and good bidding tone. The

Far East and Eastern Europe were the principal buyers, supported by Western Europe and New Zealand mills. The following list of clean prices was compiled by the Christchurch Woolbrokers’ Association and the Wool Board. Merino, 19 micron: Good 1013 to 1020. Merino, 21 micron: Good to super to 830, good 803 to 810, good average, 788 to 801. Merino, 22 micron: Good to 804. Extra fine Halfbred and Corriedale, 25 micron: Good to 590. Fine Halfbred and Corriedale, 27 micron: Good 518 to 533, good average 489 to 511. Medium Halfbred and Corriedale, 29 micron: Good 497 to 519, good average 482 to 496. Strong Halfbred and Corriedale, 31 micron: Good 488 to 493, good average 477 to 487. Fine crossbred, 33 micron: Good to super to 496, good 483 to 490, good average 467 to 476. Medium crossbred, 35 micron: Good 483 to 492, good average 471 to 480, poor 464 to 468. Strong crossbred, 37 micron: Good 481 to 488, good average 469 to 479, poor 461 to 468, crossbred cotts to 445. Shorn hogget Fine Halfbred, 25 to 26 micron: Good 510 to 529. Fine crossbred, 75/180mm, 30/31 micron: Good 488 to 498. Crossbred, 75/125mm, 33/ 34 micron: Good to 489. Lambs (Short) Fine Halfbred, 26 micron:

Good to super 491 to 499, good 477 to 488, good average 466 to 474. Fine crossbred, 29 micron: Good 467 to 475, good average 450 to 466. Crossbred, 31 micron: Good 470 to 474, good average 446 to 469. Second shear Crossbred, 75/125mm, 37 micron: Good 479 to 488, good average 467 to 475; Crossbred, 50/100mm, 37 micron: Good average 473 to 480. . Necks Fine Halfbred, 26 micron: Average to good to 496. Fine crossbred, 32 micron: Average to good 463 to 4681 Pieces Merino, 21 micron: Average to good to 718. Fine Halfbred, 26 to 27 micron: Average to good 498 to 503, average 473 to 495. Halfbred, 28 to 29 micron: Average to good 480 to 492. Crossbred, 35 micron: Average to good to 425. ' Bellies Fine Halfbred, 26 to 27 micron: Average to good to 491. Halfbred, 28 micron: average to good to 481. Medium crossbred, 35 micron: Average 401 to 406. Locks Halfbred, 28 micron: Average to good to 373. Crossbred, 35 micron: Average to good to 334.